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Mt Gox head says in Japan, seeking solution to bitcoin exchange’s woes

26
Feb
2014

The head of Mt. Gox, the bitcoin exchange whose abrupt shutdown has shaken the virtual currency, said on Wednesday that he remains in Japan and is working with others to solve the company’s problems. “As there is a lot of speculation regarding MtGox and its future, I would like to use this opportunity to reassure everyone that I am still in Japan, and working very hard with the support of different parties to find a solution to our recent issues,” Mark Karpeles said in a posting on the Mt. Gox website. The site went blank on Tuesday after weeks of turmoil as Mt. Gox, once the world’s biggest bitcoin exchange, suspended withdrawals. Karpeles told Reuters by email on Tuesday that Mt. Gox was “at a turning point for the business” but did not elaborate.

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